The Residential Real Estate Post-Crash Index-Moderated Message Board

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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated

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To: Oblivious who wrote (18701)	4/25/2011 11:40:48 PM
From: Les H	3 Recommendations Read Replies (1) of 119360

Very favorable for Reagan at the start of his term. 19% Fed Funds rate in January 1981. Oil glut. Two OPEC countries at war. Soviets bogged down in Afghanistan. The Soviet Empire is about to go bankrupt from the military, the cost of keeping together the Warsaw Pact, and the crash in the price of oil.

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